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A wallet holding APE worth US$4 million began to continue buying BAYC from the market yesterday.

A wallet holding APE worth US$4 million began to continue buying BAYC from the market yesterday.

CointimeCointime2024/03/08 02:29
By:Cointime

According to data disclosed by Arcade.xyz advisor Cirrus on social media shows that a wallet holding $4 million worth of APE began buying "Bored Ape Yacht Club" (BAYC) from the Blur platform yesterday. Cirrus analyzed that this move may be in response to a proposal previously initiated by Huang Licheng, intending to use $24 million worth of ApeCoin DAO treasury funds to bid for BAYC, MAYC, CryptoPunks, and other digital collectibles.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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